An excellent investment opportunity to acquire a well-presented apartment currently generating £950 per calendar month in rental income, offering an immediate income-producing asset.
Situated in a popular and convenient location close to Warwick town centre, the property is well-positioned to attract strong tenant demand thanks to its excellent transport links and proximity to local amenities.
The accommodation comprises a spacious living/dining room, a fitted kitchen with ample storage and workspace, a generous double bedroom, and a modern bathroom fitted with a white suite. Further benefits include double glazing, gas central heating, a secure communal entrance, well-maintained communal areas, and the added benefit of a private garage, providing valuable secure parking or additional storage.
The property represents an attractive buy-to-let opportunity, currently producing £11,400 per annum in gross rental income. Its sought-after location, close to Warwick Railway Station, the A46, and the M40, continues to support consistent rental demand, while the inclusion of a private garage further enhances its appeal to both tenants and investors, making it a strong addition to an investment portfolio.
The property is currently subject to a managed tenancy agreement and is being sold with tenants in situ. The tenancy has been in place since 17.12.22, producing a gross yield of approximately 7.9% based on the asking price. The minimum initial tenancy term is 12 months. Buyers should note that vacant possession purchasers will be required to provide a minimum of four months’ notice following an agreed sale. Full tenancy and lease information is available from the agent, and all interested parties should make their own enquiries prior to proceeding.
Council Tax Band B
